TechFlow News: On February 18, Matrixport posted on X stating that Bitcoin’s market capitalization share has yet to rebound significantly and its price movement broadly aligns with the broader crypto market’s consolidation phase. Historically, Bitcoin’s market cap share tends to rise when market pressure mounts and defensive sentiment intensifies—reflecting a preference among investors to reallocate funds into more liquid assets such as BTC.
Following the Ethereum-driven narrative phase, Bitcoin’s market cap share declined from a high of 65% to 56.8%. It has since only marginally recovered to approximately 58.0%, with recent upward momentum weakening. This suggests that, despite ongoing market uncertainty, there remains no clear or sustained evidence of capital flowing back into Bitcoin.
This shift may indicate that some investors are reassessing Bitcoin’s relative dominance—especially against the backdrop of other sectors demonstrating relative resilience or even outperforming Bitcoin in certain phases.
